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Question 1 of 10

1. Question

Within a lease, an option to renew typically defines the following for a tenant:

The length of term a tenant can renew the lease

The rental rates for the renewed term

How much notice a tenant must deliver to the landlord to exercise their option to renew

All of the above

Correct

Incorrect

The right answer is all of the above.

Question 2 of 10

2. Question

Which city in Toronto possesses over 170 million SF of industrial space?

Vaughan

Markham

Mississauga

Brampton

Correct

The city of Mississauga holds the most industrial inventory in the GTA with approximately 174M SF of supply. Vaughan takes second place with 97M SF, and Brampton trails closely behind in third place with 96M SF.

Incorrect

The right answer is Mississauga. The city holds the most industrial inventory in the GTA with approximately 174M SF of supply. Vaughan takes second place with 97M SF, and Brampton trails closely behind in third place with 96M SF.

Question 3 of 10

3. Question

What is Canada’s National Animal?

Moose

Polar Bear

Goose

Beaver

Correct

The beaver was given official status as an emblem of Canada in 1975. King Henry IV of France saw the fur trade as an opportunity to acquire much-needed revenue and to establish a North American empire. Explorers pushed further and further into the North American territories to expand the trade and to enforce France’s (and eventually Britain’s) claim over the land. Therefore, without the beaver, Canada as we know it would not exist.

Incorrect

The right answer is beaver. The beaver was given official status as an emblem of Canada in 1975. King Henry IV of France saw the fur trade as an opportunity to acquire much-needed revenue and to establish a North American empire. Explorers pushed further and further into the North American territories to expand the trade and to enforce France’s (and eventually Britain’s) claim over the land. Therefore, without the beaver, Canada as we know it would not exist.

Question 4 of 10

4. Question

The largest single industrial building in the GTA is:

The General Motors plant in Oshawa

The Ford plant in Oakville

The Stelco steel plant in Hamilton

The Lowe’s distribution centre in Milton

Correct

The General Motors plant in Oshawa is the largest single industrial building in the GTA at approximately 12M SF.

Incorrect

The right answer is The General Motors in Oshawa. It is the largest single industrial building in the GTA at approximately 12M SF.

Question 5 of 10

5. Question

Which of these factors can negatively impact the asking rent for an industrial building?

A 16’ clear height building

Sawtooth shipping dock doors

A property that requires environmental remediation

All of the above

Correct

Incorrect

The right answer is all of the above.

Question 6 of 10

6. Question

Which landlord in the GTA has the largest existing industrial portfolio?

Bentall Kennedy (Sun Life Financial Inc.)

Orlando Corporation

H&R REIT

Prologis

Correct

Orlando Corporation is Canada’s largest, private real estate developer. They own, manage and lease over 43M SF of property; of which +/- 37M SF is industrial.

Incorrect

The right answer is Orlando Corporation. They are Canada’s largest, private real estate developer. They own, manage and lease over 43M SF of property; of which +/- 37M SF is industrial.

Question 7 of 10

7. Question

Which city has the most expensive industrial real estate market in the world?

Dubai

Vancouver

Hong Kong

London

Correct

Even though Vancouver has seen the world’s largest jump in industrial real estate lease rates, it is far from the most expensive. Rental rates in the city average around US$7.56 PSF, making Vancouver the 25th most expensive spot worldwide for industrial lease rates. In first place you will find Hong Kong at $30.99 PSF, followed by London at US$22.35 PSF, and then Tokyo at US$19.96 PSF.

Incorrect

The right answer is Hong Kong. Even though Vancouver has seen the world’s largest jump in industrial real estate lease rates, it is far from the most expensive. Rental rates in the city average around US$7.56 PSF, making Vancouver the 25th most expensive spot worldwide for industrial lease rates. In first place you will find Hong Kong at $30.99 PSF, followed by London at US$22.35 PSF, and then Tokyo at US$19.96 PSF.

Question 8 of 10

8. Question

Which city in the GTA has the most industrial space currently under construction?

Mississauga

Vaughan

Caledon

Brampton

Correct

As of Q4 2018, Caledon has the most industrial space under construction with 2.3M SF. Brampton follows in second place with 2.1M SF, Mississauga in third place with 1.7M SF, and Vaughan in fourth place with 1.4M SF.

Incorrect

As of Q4 2018, Caledon has the most industrial space under construction with 2.3M SF. Brampton follows in second place with 2.1M SF, Mississauga in third place with 1.7M SF, and Vaughan in fourth place with 1.4M SF.

Question 9 of 10

9. Question

In the wall of the CN Tower’s LookOut level, you can find:

A time capsule with copies of three local papers, Canadian coins, letters from children and a letter from Pierre Trudeau

The first Canadian flag which was signed by Queen Elizabeth and Pierre Trudeau